Beyond Meat (NASDAQ: BYND) is a publicly traded Plant-Based & Alt-Protein company founded in 2009 and based in El Segundo, United States.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Mar 6, 2026 | Convertible notes exchange / debt restructuring | — | — | — |
Beyond Meat reported Q2 2026 revenue of $68.8 million, down 8.2% year-over-year, driven by a 9.5% decline in product volume sold—primarily weakness in U.S. foodservice (down 27.6%) and international foodservice (down 16.0%), partially offset by international retail growth of 16.5%. Gross margin contracted to 8.5% from 10.6%, pressured by a 3.8% increase in cost-of-goods-sold per pound, though the company noted net revenue per pound increased 1.3%. Operating loss improved to $30.8 million (–44.8% margin) from $37.5 million, aided by a $11.0 million settlement credit from a co-manufacturer arbitration dispute and lower operating expenses. Reported net income of $16.4 million (diluted EPS –$0.06) was driven primarily by a $57.7 million non-cash gain on debt extinguishment from 2030 Notes conversions; adjusted EBITDA loss widened to $27.7 million (–40.2% of revenue). The company guided Q3 2026 revenue to $60–65 million and noted sequential improvement in revenue, gross margin, and operating expenses.
Q3 2026 net revenues expected to be approximately $60–65 million

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Beyond Meat posts Q2 net revenue down 8.2% YoY to $68.8M as US sales slide, partly offset by double-digit European and Canadian retail growth.
The Beyond Burger is Beyond Meat's flagship product, a plant-based ground-beef patty made primarily from pea and other plant proteins with canola and coconut oils, formulated to look, cook and taste like beef, including browning when grilled. It is sold as raw patties and ground 'beef' in grocery stores and served across foodservice chains and restaurants. The burger drove Beyond Meat's early growth and remains central to its identity as it repositions toward a broader plant-protein platform under its new brand framing.
Beyond Meat's lineup extends past burgers to plant-based sausages, ground beef, meatballs and chicken tenders and nuggets, all built on plant-protein formulations meant to mirror conventional pork and poultry products. These extensions let Beyond compete across multiple meat categories in both retail freezers and foodservice menus. As part of its 2026 repositioning as 'Beyond The Plant Protein Company,' the company has signaled intent to move into additional protein-led categories beyond traditional meat analogues.
1 patent on file, but none with both an extractable figure and an abstract on Google Patents yet.
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